Three entities sell Home First Finance shares for Rs 753 crore
NEW DELHI: Home First Finance Company's two promoters as well as Warburg Pincus affiliate on Thursday sold shares of the affordable housing finance firm for Rs 753 crore through open market transactions. The company's promoters -- True North Fund V LLP and Aether Mauritius Ltd -- and Orange Clove Investments BV, a Warburg Pincus affiliate, offloaded shares in two tranches each on the BSE. According to the bulk deal data available with the BSE, True North Fund V LLP disposed of 34,60,699 shares and Aether Mauritius sold 23,07,229 shares, amounting to a 3.9 per cent and 2.6 per cent stake in the Mumbai-based company. Orange Clove Investments BV also offloaded 28,83,819 shares, or 3.27 per cent stake, in the housing finance company, as per the data. The shares were sold in the range of Rs...